airlines industry
Airlines heading for $84 billion loss in 2020, says IATA
With most of the world’s airliners currently parked, IATA said revenue would likely fall to $419 billion from $838 billion last year.
Airports in Asia-pacific region stare at $5.6 billion loss: ACI
ACI-Asia Pacific urged governments to swiftly implement relief measures to safeguard airport employment and connectivity
US airlines lobby for funds, 30 airline groups appeal for long-term help
President Donald Trump has said repeatedly that his administration will help the airlines
No bids received for Air India stake sale, says govt
The government has proposed to offload 76 per cent equity share capital of the national carrier.
Jet Airways in talks with airlines, private equity players for stake-sale
The airline has already appointed an investment banker to explore various options for raising fresh funds.
Air India disinvestment: IndiGo willing to buy AI stake
Government officials said IndiGo expressed in interest in buying stakes in Air India post the Cabinet decision on Wednesday.